As Refis and Traditional Mortgage Applications Plummet, Can Non-QMs Make a Dent in Lost Volume?
With the gig economy booming, these unconventional loans are gaining popularity With interest rates rising and mortgage applications falling to 22-year lows, mortgage lenders have seen refi volume all but dry up. The boom that made 2021 a banner year for many has officially ended, leaving lenders grasping for other avenues to make up for …